Risk-Readiness Platform The RowdMap Story Risk

Transcription

Risk-Readiness Platform The RowdMap Story Risk
℠
It’s Time for Risk
Risk-Readiness℠
Defined
Risk-Readiness℠
Platform
Commercial health plans have begun the transition to performance and risk-based
contracting. By 2018, CMS will move 50% of Medicare fee-for-service payments to
pay-for-value through a variety of risk-sharing arrangements. In these new models,
network strength will be a strategic differentiator. Newly released government data
on providers has created a sensation on the evening news, but the real opportunity
comes when payers and providers use it to take on and manage risk. Traditional
targets of medical economics—such as utilization review, gap closure, and fraud and
waste efforts—only go so far in managing risk. New challenges require entirely new
approaches to risk management. Payers and providers can use RowdMap’s RiskReadiness℠ Platform to understand provider practice patterns, population drivers,
and deep care pathways necessary to succeed in a world where payers and providers
share risk.
Risk-Readiness℠, at its core, describes payers and providers that can successfully
identify and manage the estimated 30% of spending that goes to unnecessary care.
This unnecessary spend drives billing in a fee-for-service economic model, but
success in pay-for-value comes from managing and mitigating these pockets of
variation. RowdMap’s Risk-Readiness℠ Platform matches physicians and physician
groups to the optimal payment arrangements based on their collective practice
patterns and the characteristics of their populations and geography. RowdMap’s
Risk-Readiness℠ Platform helps plans and providers identify and manage risk-ready
physicians to place into high-performing networks and to move into new
arrangements with performance, and ultimately, risk components.
RowdMap helps health plans, government payers, providers, and hospital systems
develop Risk-Readiness strategies to excel as they transition from fee-for-service to
pay-for value. As CMS sunsets fee-for-service payments, RowdMap's RiskReadiness℠ Platform helps payers and providers identify and manage unwarranted
and unexpected variation. RowdMap identifies ideal provider arrangements based
on both physician practice patterns and on population characteristics within a
geography. Payers and providers then use RowdMap to build strategies around new
performance and value-based contracts. RowdMap helps them design products to
enter new markets, segment populations, identify waste, and create high performing
networks. RowdMap is a web browser for the ACA that comes preloaded with
insights on every plan, hospital, and physician in the nation—no IT integration
required. RowdMap's Risk-Readiness℠ Platform works across all product segments
and has significantly larger returns than traditional medical economics approaches.
The RowdMap Story
The RowdMap story has an unlikely beginning — it all began with a dare.
RowdMap’s founders had years of experience working with member and claimlevel data, predictive models, and provider profiling from the Dartmouth Atlas for
Unwarranted Variation. One day we bumped into Todd Park, who was beginning
his work championing data liberation as the Chief Technology of Officer of the
United States Department of Health and Human Services. He dared us to do
something great. Todd Park went on to become the CTO of the United States.
The liberated government data has become an essential input to success in payfor-value programs. RowdMap has gone on to exceed all expectations.
All contents are proprietary to RowdMap, Inc. and are being provided on a confidential basis.
Any use, reproduction or distribution of this information, in whole or in part, or the disclosure of any of its contents
without the prior written consent of the Company, is prohibited.
Understand Provider Practice Patterns
Payers that successfully share risk can identify and manage practice pattern
variation. The way doctors practice medicine in the United States varies greatly
from doctor to doctor—even within the same practice. The Dartmouth Atlas for
Unwarranted Variation began identifying these patterns over thirty years ago, and
members of the RowdMap team have been studying these patterns for a
decade. Although the data are complex, RowdMap’s Risk-Readiness℠ Platform
sorts through government benchmarks to rank individual doctors, hospitals, postacute centers, and other delivery entities based on intensity of practice patterns.
Understand Geographies and Populations
Payers that successfully share risk know their populations, and they design
products and networks to match their needs. Underlying population health
characteristics and provider aptitudes for managing chronic conditions are
necessary inputs to delivering high-quality—and sustainable—care. RowdMap’s
Risk-Readiness℠ Platform helps payers to understand disease prevalence,
chronic conditions, and socio-economic indicators within their markets in order to
match providers to their appropriate risk-sharing arrangements.
Understand Deep Care Pathways
Payers that successfully share risk identify specific care pathways to place into
curated networks, and they creatively design pay-for-value arrangements around
them. RowdMap helps payers model cost and revenue scenarios by identifying
meaningful primary care to specialist pathways across the highest spend
conditions. Managing variation across care for these conditions significantly
contributes to the long-term success of pay-for-value partnerships.
RowdMap’s Risk-Readiness℠ Platform helps payers to understand care pathway
gaps when designing adequate networks to address their most chronic-need
members.
Who Uses RowdMap’s Risk-Readiness℠ Platform?
Network
Medical Economics
Finance and Actuarial
 Identify Risk-Ready providers
 Generate and share provider report
cards (PowerPoint or PDF)
 Understand competitor networks
and referral patterns
 Indentify wasteful expense
 Understand wasteful referral
patterns
 Highlight care gaps
 Segment populations
 Identify future risk
 Assess reimbursement models
Market Segment
Leads
Product Design
Sales and Marketing
RowdMap, Inc.
710 West Main Street
Louisville, Kentucky 40202
© 2015 RowdMap, Inc.
Trade Marks and Trade Secrets also apply.
 Enter new markets
 Understand competition by
geography
 Grow into great providers
 Maintain competitive portfolios
 Design competitive benefits
 Match products to populations
 Identify potential members
 Target potential members
 Grow through great providers
www.RowdMap.com
[email protected]
1-855-RowdMap